Renault looks like a very good investment at this point.
Probably one more move down to finish this whole bear market we are in.
Targets are not decided yet, But a move off 400% is atleast expected.
On 7/30/2020 both JPMorgan Chase & Co. and Goldman Sachs Group Set Price Target for RNO stocks to €29.00.
If you are interested in an indicator which can deliver accurate buy and sell at a beginning of a candle, not the end of it, like most do, just give me a PM for a trial period. Can be used in every market.
Hi
During the fact that RNO reduced some job places in the company and the NEW CARS drops to 52.3% the company stock is on discount right now in my opinion .
Could be a very good time to invest .
RNO is STRONG CAR MAKER in the Industry .
FR/EN
Beaucoup de vendeurs lors du krash COV-19 ! Cependant ils restent encore des vendeurs dans le marché et les actionnaires qui ne croient pas aux orientations de l'entreprise doivent partir et laisser les croyants à la renaissance du fleuron francais, bien que pluriculture désormais avec Nissan depuis 1999 et Mitsubishi depuis 2017.
D'un point de vue...
EURONEXT:RNO is very likely to go up .I think this is a good time to buy it . I expect it to go up to around the 36 area as a first target (100% growth) .I strongly recommend it also for a long term investment because price has the potential to go up to around the 60 area .
FR/EN
English version below
Bonjour à tous,
Je sors des sentiers de la crypto et mes analyses techniques classiques avec une question aujourd'hui.
Oui une question, tout simplement.
En effet, j'ai pas l'habitude de publier des graphiques d'actions CAC40 en revanche, il m'était important de vous poser cette question parce que je me la suis posée:
Pourquoi ne...
hey guys,
I know that many of you are looking for cheap stocks.
pay attention to Renault.
though I already hear the voices of skeptics out there,
look what history tells us:
stock is clearly trading in aprox. 13-year cycles.
the stock was trading on current lows two times already and each time it showed a perfect...
Renault is going down toward the 2008 crisis level at 10.738 unless we close on a monthly basis above 25.51 the price will test 10.738 and the trend is still bearish
We should wait for a monthly close above or below 10.738 to see what will happen for Renault
For the long term investors the Dividend yield is 6.5% but you should wait for 10.73 or below to buy it...
Price has already broken out of triangle bottom
Trade money management is:
Enter 2 trades at daily close below triangle bottom = 50.86 Entry
SL is 1.5 x ATR (1.49) = 2.24 from close of breakout candle (50.86 + 2.24 = 53.10 SL for both trades)
TP is 1 x ATR = 1.49 from close of breakout candle (50.86 - 1.49 = 49.37 1st TP)
When 1st trade TP is hit move 2nd trade SL...
Dopo il mancato accordo con RNO per colpa del governo Francese FCA si e'ripresa da sola arrivando alla R1 1.62. La domanda e' fino a quanto ? Fca e'scesa ora fino al supporto 1.50 con Rsi ora in iper - venduto e ora pronta a una discesa. Siamo quindi Long fino a Luglio con stop sotto 1.43. Grazie
Hello Guys,
Market is tumbling down as expected and suggested by myself so many times, while the majority of traders and financial analysts were suggesting to buy.
My target for the next months is 30 Euro.
Thank you,
See you soon,
Simone
D1 - Two bigger cycle (Yellow)
Two smaller cycles (Blue) inside each leg of the bigger cycle.
H4 - Price is trading inside a channel. We have divergence.
We will be looking for a breakout above the channel to start looking for buys.
Ideally and most conservatively, we want to see a break above 76.90 zone.
If the stock breaks below, 67 zone will be the next...
![RNO: [$RNO] Les vendeurs doivent vendre ! Sellers need to sell !](https://s3.tradingview.com/j/j9TiKdch_mid.png "[$RNO] Les vendeurs doivent vendre ! Sellers need to sell !")
![RNO: [$RNO] All-in Renault ? CAC 40](https://s3.tradingview.com/f/FvhAUIP5_mid.png "[$RNO] All-in Renault ? CAC 40")
